When the economy moves from point A to B in the above table, the opportunity cost of a computer in terms of televisions is

Because of the absolutism concept of poverty, a poor family in the United States will fall within the same category as a poor family in Cuba

a. True b. False Indicate whether the statement is true or false

Whether exchange is between individuals, firms, or countries, voluntary trade occurs because:

a. only one party is made better off. b. both parties are made better off. c. financial agents devote resources to arranging such trades. d. these trades create employment for the economy. e. of mandates from the government.